Analyst Ratings for MetLife Inc. (MET)Updated: 2017-07-28
Analysts covering MetLife Inc. (NYSE:MET) have given it a consensus rating of Overweight. About 30 days ago, MET was issued an average rating of Overweight.
11 analysts declared MET a buy, 0 gave an overweight rating, 7 issued a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
MET was given price targets by several analysts. The maximum price target given was 67, implying a possible profit of 21.73 percent. The most pessimistic analyst gave a price target of 51, implying potential capital losses of -7.34 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -0.77 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.28 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 2.47 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 4 analysts increased their quarterly estimates, while 3 analysts made negative revisions. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 3 analysts decreased their estimates.
MET has a 52-week high of 58.09 and a 52-week low of 38.87. The current market price is above the trailing year's low by 41.6 percent, and 5.25 percent lower than its 52-week high. MET has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The MET value stock report compares MET to some of its peers using value stock charts. The market cap of MET is $59.22 billion. MET will post this quarters earnings in days, on 0000-00-00.